Stephen Mitchell -
The next twelve months are likely to see continued synchronised global growth across both developed and emerging markets, says Stephen Mitchell, Head of Strategy, Global Equities at Jupiter Asset Management. A potential dark cloud is gathering in the form of the US Federal Reserve (the Fed), as the U.S. navigates… Read More »
Zach Pandl, Charles P. Himmelberg -
At the root of much of the debate about Bitcoin is confusion about the nature of money. In the textbook treatment, money in an economy serves as (i) a medium of exchange, (ii) a unit of account, and (iii) a store of value. Or, in everyday language, money is the… Read More »
2017 has on one hand been an uneventful year, with equity and bond markets maintaining their upward trend. On the other hand, there have been several macro and market events that could have derailed the near-decades long bull market, such as the ever-challenging Brexit negotiations, Presidential elections in France, political… Read More »
On June 5, 2017 Saudi Arabia, the United Arab Emirates, Egypt and Bahrain (known as the quartet) announced they were breaking diplomatic ties with Qatar, due to the country’s relations with Iran and accusations that it supports extremism. The quartet has suspended all air and sea travel links with Qatar,… Read More »
The Catalan question is fascinating as it seems to be driven by purely political considerations, while the economic aspect is not thought to raise any great difficulties: the prevailing view seems to be that it will all fall into place. Yet economics are at the very heart of this question… Read More »
The Italian parliament approved a new mixed electoral system. It is based on a one-third single-candidate constituency system in which the winner takes all and a two-thirds proportional system. Political parties must reach a threshold of 3% and preelection coalitions 10% of the vote to enter parliament. The reform promotes… Read More »
2018 will not just be the natural extension of 2017, even if growth is still robust and monetary policy are set to remain fairly accommodative in the absence of inflation. 2018 will be different because expectations will change, as the economic situation is changing radically. Optimism reigns across the various… Read More »
The investment community should become more engaged with the UN Sustainable Development Goals (SDGs) according to a new report, SDG Investment Case, from The Principles for Responsible Investment (PRI) and PwC on why the investment community should adopt an active role in achieving real world impact through implementation of the… Read More »
Reyl Bank -
Emerging market (EM) equities have returned the strongest year-to-date performances among global equity markets in 2017, surging by 31%. In comparison, developed market (DM) equities have returned +16% over the same period. Analysts agree on the fact that this incredible rally is attributable to Chinese growth stabilising, coupled with a… Read More »
Jeffrey Rosenberg, Joe Di Censo, Michael Krautzberger -
The European Central Bank (ECB) is running into self-imposed limits on its asset purchases. An improving growth outlook and the fading of deflationary fears are also fueling market expectations for an ECB policy adjustment. The ECB’s next policy meeting in October will come just as the Federal Reserve begins a… Read More »
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